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Explanation:Changes in the access to the Verschonungsabschlag (Basic Relief)

It will be easier to access basic relief on company assets in the future. The minimum wage bill sum, prerequisite to benefit from the 85% relief (Regelverschonung - regular relief), will in the future only have to be 400 % of the original wage bill sum (Ausgangslohnsumme) for the last five years (until now: 650% for seven years). Companies with 20 employees will no longer be subject to the wage bill rule (Lohnsummenregelung). Consequently, the maintenance period (Behaltenszeitraum) was lowered from seven to five years. To receive the complete relief (Optionsverschonung - optional relief) the wage bill sum required amounts to 700% of the wage bill sums for seven years with a corresponding decrease of the maintenance period (Behaltensfrist) to seven years. http://www.martindale.com/government/article_Sibeth_906238.h...

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16 mins confidence:

basic relief

Explanation:Changes in the access to the Verschonungsabschlag (Basic Relief)

It will be easier to access basic relief on company assets in the future. The minimum wage bill sum, prerequisite to benefit from the 85% relief (Regelverschonung - regular relief), will in the future only have to be 400 % of the original wage bill sum (Ausgangslohnsumme) for the last five years (until now: 650% for seven years). Companies with 20 employees will no longer be subject to the wage bill rule (Lohnsummenregelung). Consequently, the maintenance period (Behaltenszeitraum) was lowered from seven to five years. To receive the complete relief (Optionsverschonung - optional relief) the wage bill sum required amounts to 700% of the wage bill sums for seven years with a corresponding decrease of the maintenance period (Behaltensfrist) to seven years. http://www.martindale.com/government/article_Sibeth_906238.h...

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